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Despite a growth slowdown, China has continued to see structural improvement within FAI, the NBS said.

Despite reports, they are all happy and in contact with their families, Xinjiang says

Despite the anticipation of a subsidy cut, Beijing Electric Vehicle, the country's largest electric vehicle maker, told China Daily the new plan will bring "some or even great pressure" in the short term, saying it does not rule out the possibility of price adjustments. Industry insiders said the subsidy reduction will put pressure on Chinese carmakers and the auto market in short term.

Department stores such as the British House offer a great opportunity for British companies to get access to the Chinese market and trade on their British identity and reputation for style and quality. Opened this June near Tiananmen Square, the British House sells British products such as Turnbull & Asser, Aspinal of London and Rachel Riley.

Despite being affected by the pandemic, Starbucks has not slowed its investment and development in China. The company to date has more than 4,700 stores in nearly 190 cities on the Chinese mainland. In its fiscal fourth quarter of 2020, Starbucks set a record in China with 259 quarterly store openings.